Meghna Infracon Opens Strong with 5.08% Gain, Approaches 52-Week High

May 12 2025 09:45 AM IST
share
Share Via
Meghna Infracon Infrastructure Ltd has experienced notable trading activity, opening with a gain and nearing its 52-week high. The stock has outperformed its sector and the broader market over the past month. Technical indicators show a bullish trend, although the Relative Strength Index suggests some bearish signals.
Meghna Infracon Infrastructure Ltd, a small-cap player in the Finance/NBFC sector, has shown significant activity today, opening with a gain of 5.08%. The stock is currently trading just 1.83% below its 52-week high of Rs 1000, having reached an intraday high of Rs 998.75, reflecting a 6.01% increase during the session.

In terms of performance, Meghna Infracon has outperformed its sector, which has gained 3.63%, and the broader market, with the Sensex rising by 2.42%. Over the past month, the stock has surged by 20.01%, compared to the Sensex's 8.28% increase.

Technical indicators suggest a bullish trend, with the stock trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The MACD and Bollinger Bands also indicate bullish momentum on both weekly and monthly charts. However, the Relative Strength Index (RSI) shows bearish signals on the weekly and monthly fronts.

With a beta of 1.35, Meghna Infracon is classified as a high beta stock, suggesting it tends to exhibit greater volatility compared to the market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News